Ms. Thida Kaewbutta, Director of Strategy at Srisawad Corporation Public Company Limited, or SAWAD, disclosed that loans in the second half of 2026 are likely to grow better than in the first half, driven by demand for working capital among small traders and household expense burdens. Although the overall market remains uncertain amid oil price volatility, the company will expand lending cautiously, focusing on borrower quality and risk control, while non-performing loans and provisioning expenses are beginning to stabilise. On financial costs, the company expects a gradual decline from the second half of 2026 onward, following the refinancing of existing high-interest debentures with new issues, with financial costs projected to fall to around 4.0% by the end of 2026. As for Srisawad Capital 1969 Public Company Limited, or SCAP, it is pressing ahead with Lock Phone handset-locked phone loans, which offer high returns. Although this business is still small compared with its total loan portfolio of approximately 95 billion baht, the company sees substantial room for market growth, and it will help raise the share of high-yield loans and support net interest margin, or NIM, over the long term. At the same time, SAWAD is shifting strategy away from rapid branch expansion toward using an application as a channel for staff to reach and present products to customers more effectively, targeting about 100 new branches per year, down from 200 to 300 branches per year previously.
Srisawad Power 1979 PCLSAWAD expects financial costs to fall to around 4.0% by end-2026 after refinancing high-interest debentures, supporting margins.
